Apple Risk Analysis And Volatility

AAPL -- USA Stock  

USD 214.50  3.23  1.48%

We consider Apple very steady. Apple secures Sharpe Ratio (or Efficiency) of 0.0835 which signifies that the organization had 0.0835% of return per unit of risk over the last 3 months. Our philosophy towards foreseeing volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-six technical indicators for Apple which you can use to evaluate future volatility of the firm. Please confirm Apple Mean Deviation of 1.24, Downside Deviation of 1.73 and Risk Adjusted Performance of 0.0941 to double-check if risk estimate we provide are consistent with the epected return of 0.1406%.

90 Days Market Risk

Very steady

Chance of Distress in 24 months

90 Days Economic Sensitivity

Responds to market
Horizon     30 Days    Login   to change

Apple Market Sensitivity

As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Apple will likely underperform.
3 Months Beta |Analyze Apple Demand Trend
Check current 30 days Apple correlation with market (DOW)
β = 1.415

Apple Central Daily Price Deviation

Apple Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Developed by Larry Williams, the Weighted Close is the average of Apple high, low and close of a chart with the close values weighted twice. It can be used to smooth an indicator that normally takes only Apple closing price as input. View also all equity analysis or get more info about weighted close price price transform indicator.

Apple Projected Return Density Against Market

Given the investment horizon of 30 days, the stock has beta coefficient of 1.415 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average . However, if the benchmark returns are expected to be negative, Apple will likely underperform. Moreover, The company has an alpha of 0.1282 implying that it can potentially generate 0.1282% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Given the investment horizon of 30 days, the coefficient of variation of Apple is 1197.66. The daily returns are destributed with a variance of 2.84 and standard deviation of 1.68. The mean deviation of Apple is currently at 1.28. For similar time horizon, the selected benchmark (DOW) has volatility of 0.9
α
Alpha over DOW
=0.13
β
Beta against DOW=1.42
σ
Overall volatility
=1.68
Ir
Information ratio =0.08

Apple Return Volatility

the business inherits 1.6839% risk (volatility on return distribution) over the 30 days horizon. the entity inherits 0.9048% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Apple Investment Opportunity

Apple has a volatility of 1.68 and is 1.87 times more volatile than DOW. 15% of all equities and portfolios are less risky than Apple. Compared to the overall equity markets, volatility of historical daily returns of Apple is lower than 15 (%) of all global equities and portfolios over the last 30 days. Use Apple to protect your portfolios against small markets fluctuations. The stock experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of Apple to be traded at $208.07 in 30 days. . As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Apple will likely underperform.

Apple correlation with market

correlation synergy
Poor diversification
Overlapping area represents the amount of risk that can be diversified away by holding Apple Inc and equity matching DJI index in the same portfolio.

Apple Current Risk Indicators

Apple Suggested Diversification Pairs

Check also Trending Equities. Please also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Search macroaxis.com